Interesting development in the Pellet price
While the fines tanked, the Pellet premium went up considerably off setting the drop, so overall up to $186USD
What does this mean??
Is the climate change agenda causing a shift to pellets?
Or the winter Olympics?
Raw cost of energy increasing to a point where pellets make more sense?
Or are the steel User such as car manufactures etc requesting "Greener" steel and Pellets fit that mandate?
The only fly in the ointment is Australia diplomatic skills and the new low after the Sub deal
Interesting development in the Pellet priceWhile the fines...
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